Capital Appreciation Potential
Property has always been an excellent long term investment and although there are no guarantees to future gains currently prices are still rising and rental income is strong for quality units in good locations
Monthly income which meets the mortgage repayment and also generates a new income for the Investor
Costs to consider
- Stamp Duty
- Legal Fees
- Structural Survey
- Fit out costs
- Letting fees and Management fees (if an apartment)
Choosing a good Investment property
Location is vital, is the property close to where tenants might work? Good transport links? Good area?
Is the property in a good state of repair? Tenants have high expectations and strong rental income will only be achieved with a high spec property!